On behalf of the Board, M&A Securities wishes to announce that the Company has fixed the issue price of the Placement Shares at RM0.0420 each.
The aforementioned issue price of RM0.0420 per Placement Share represents a discount of approximately RM0.0089 or 17.49% from the 5-day weighted average market price of G3 Global from 1 June 2022 to 8 June 2022 of RM0.0509 per Share.
G3 GLOBAL BERHAD ("G3 GLOBAL" OR THE "COMPANY") PRIVATE PLACEMENT
On behalf of the Board, M&A Securities wishes to announce that the Company has fixed the issue price of the Placement Shares at RM0.0420 each.
The aforementioned issue price of RM0.0420 per Placement Share represents a discount of approximately RM0.0089 or 17.49% from the 5-day weighted average market price of G3 Global from 1 June 2022 to 8 June 2022 of RM0.0509 per Share.
This announcement is dated 9 June 2022.
====================== Directors raising more fund via shares issuance to PP More dilution to shareholding equity % and EPS
NOSH = 2,469,800,348 continue to increase WA = 5,199,564
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
On behalf of the Board, M&A Securities wishes to announce that the listing date for the Placement Shares on 22 June 2022 will be deferred and the new listing date will be announced in due course.
Types of corporate proposal Private Placement Details of corporate proposal G3 GLOBAL BERHAD ("G3 GLOBAL" OR THE "COMPANY") PRIVATE PLACEMENT No. of shares issued under this corporate proposal 432,849,300 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0420 Latest issued share capital after the above corporate proposal in the following Units 2,902,649,648 Listing Date 22 Jun 2022
===================== On behalf of the Board, M&A Securities wishes to announce that the listing date for the Placement Shares on 22 June 2022 will be deferred and the new listing date will be announced in due course. This announcement is dated 21 June 2022.
===================== Massive share issuance via PP delayed at last minute What is the problem ???
Wait for announcement on new listing date
===================== TAYOR, don't be caught at high price
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
GoldenShares
3,538 posts
Posted by GoldenShares > 2022-06-09 18:09 | Report Abuse
pp price fixed at 0.042 finally, : )